Kirby McInerney LLP is investigating potential claims against Fortegra
Financial Corporation ("Fortegra" or the "Company") (NYSE:FRF)
concerning the proposed acquisition of the Company by Tiptree Financial
Inc. ("Tiptree") (NASDAQ: TIPT). Under the terms of the merger
agreement, Fortegra stockholders will receive $10.00 in cash for each
share of Fortegra common stock they own, valuing the total transaction
at approximately $218 million.
The investigation concerns whether the Fortegra Board of Directors
violated its fiduciary duties by agreeing to the proposed transaction
and whether the proposed consideration adequately values the Company's
Kirby McInerney LLP is a New York-based law firm concentrating in
securities, stockholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to www.kmllp.com.
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